Sunday, August 12, 2012

http://www.cnn.com/2012/08/11/opinion/morrissey-ryan/index.html

I like that opinion piece from CNN.

Here are the important parts:

  • Over the next 75 years, the federal government is projected to have $222 trillion more in liabilities than revenue if changes are not made.
  • The Democrat's proposal of taxing people who make more than $250,000 a year more will result in only $40 billion in more revenue each year.
  • The White House has no plan to deal with this problem and they don't like the plan put forth by the Republicans.
I don't understand how this big, looming problem is not an important part of the political discussion in America.  I don't understand why Obama and the Democrats are not criticized for not offering a plan to deal with this problem.

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